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"Thank you" is a phrase which is often translated as "gracias", and "I'm good" is a phrase which is often translated as "estoy bien". Learn more about the difference between "thank you" and "I'm good" below.
I'm good(
aym
good
)A phrase is a group of words commonly used together (e.g., once upon a time).
1. (colloquial) (I'm well)
A word or phrase that is commonly used in conversational speech (e.g., skinny, grandma).
a. estoy bien
Hey Jack, what's up? How are you? - I'm good, and you?Hola Jack, ¿qué hay? ¿Cómo estás? - Estoy bien, ¿y tú?